Allied Motion Technologies Inc. (NASDAQ:AMOT) ("Company"), a designer
and manufacturer that sells precision controlled motion products and
solutions to the global market, announced that it has acquired TCI, LLC
("TCI"), a leading developer and manufacturer of active (electronic) and
passive (magnetic) products to resolve power quality and harmonic issues
associated with industrial power conversion for $64.1 million. The
purchase price was funded with existing cash plus borrowings under the
Company's revolving credit facility.

"TCI broadens and strengthens our position as a leading global
diversified solutions provider in the controlled motion market,"
commented Dick Warzala, Chairman and CEO. "Their adjacent technologies
and capabilities enable more efficient and longer life solutions for
motion devices in a wide variety of demanding applications. We believe
TCI's technology and products will be a valuable addition to our
expanding suite of solution offerings to further enhance the value
creation opportunity that Allied brings to its customers. Additionally,
TCI is expected to improve Allied's overall margin profile and to be
immediately accretive."

Founded in 1961 and headquartered in Germantown, Wisconsin, TCI designs
and manufactures products that monitor and improve power quality and
extend motor life by reducing harmonic distortion associated with
variable frequency drives (VFDs) and other power conversion equipment.
With approximately 165 employees, TCI's manufacturing capabilities
include magnetic and electronic product assembly expertise to support a
broad suite of power quality solutions that are used in oil and gas,
HVAC, water and wastewater, and general industrial end markets primarily
in the U.S. TCI expects 2018 revenue of approximately $45 million and
has achieved above-market growth with a compound annual growth rate in
the high single digits over the last three years.

Mr. Warzala added, "There is tremendous opportunity for growth potential
with this acquisition as TCI has built longstanding relationships with
blue-chip machinery OEMs, system integrators, consulting engineers and
distributors. We believe their well-established North America
distributor network can aid in our ongoing expansion of that channel
and, equally important, we expect to leverage the Allied international
footprint to further TCI's global market penetration."

Cleary Gull Inc. served as the exclusive financial advisor to TCI, LLC.

About Allied Motion Technologies Inc.

Allied Motion (NASDAQ:AMOT) designs, manufactures and sells precision
and specialty controlled motion components and systems used in a broad
range of industries within our major served markets, which include
Vehicle, Medical, Aerospace & Defense, and Industrial. The Company is
headquartered in Amherst, NY, has global operations and sells into
markets across the United States, Canada, South America, Europe and Asia.

The Company's growth strategy is focused on being the controlled motion
solutions leader in its selected target markets by leveraging its
"technology/know how" to develop integrated precision solutions that
utilize multiple Allied Motion technologies to "change the game" and
create higher value solutions for its customers. The Company routinely
posts news and other important information on its website at http://www.alliedmotion.com/.

Safe Harbor Statement

The statements in this news release that relate to future plans, events
or performance are "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements include, without limitation, any statement that may predict,
forecast, indicate, or imply future results, performance, or
achievements, and may contain the word "believe," "anticipate,"
"expect," "project," "intend," "will continue," "will likely result,"
"should" or words or phrases of similar meaning. Forward-looking
statements involve known and unknown risks and uncertainties that may
cause actual results to differ materially from the expected results
described in the forward-looking statements. The risks and uncertainties
include those associated with: the domestic and foreign general business
and economic conditions in the markets we serve, including political and
currency risks and adverse changes in local legal and regulatory
environments; variation in demand from customers; continued market
acceptance of the Company's new product introductions; operating margin
risk due to competitive pricing and operating efficiencies; supply chain
risk; material and labor cost increases; our ability to successfully
integrate TCI into our business model without substantial costs, delays,
or problems; our ability to leverage our sales channels to grow the
market penetration of TCI; risks associated with the oil and gas
industry including changes in prices, demand, exploration and
production; and other risks and uncertainties detailed from time to time
in the Company's SEC filings. Actual results, events and performance may
differ materially. Readers are cautioned not to place undue reliance on
these forward-looking statements as a prediction of future performance,
results or events. Any forward-looking statement speaks only as of the
date on which it is made. New risks and uncertainties arise over time,
and it is not possible for us to predict the occurrence of those matters
or the manner in which they may affect us. The Company has no obligation
or intent to release publicly any revisions to any forward-looking
statements, whether as a result of new information, future events, or
otherwise.